What most people don’t realize is the U.S. is following in Japan’s deflationary footsteps much more closely than people think. How will this play out for gold?
Read More0Aug
20
2010
What Does the Price of Gold Do In Deflation? UPDATED 10/12/2010
By: Doug Eberhardt
Category: Gold
Tags: Budget deficit, Buy Gold and Silver Safely, Deflation, Frank Holmes, Gary North, Gold, Great Depression, Inflatio, Japanese Debt to GDP, Japanese Deflation, Peter Schiff, Roy Jastram, U.S. Dollar, YEN
The following three areas will be discussed in trying to decipher what the price of gold will do during deflation;
1. An analysis of Roy Jastram’s observations on gold and deflation.
2. A closer look at the 1929-1932 U.S. deflationary era and the possible flaw in Jastram’s analysis.
3. An analysis of what has happened with gold priced in Yen during the last decade of Japanese deflation.
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